Average Reviews:
(More customer reviews)Put simply I found this book to be exactly what it says; a complete guide to building a successful trading business.
The layout and design are clear and concise, the material constantly relevant and the narrative always thought provoking. Throughout I was struck by the meticulous detail especially on the adminstrative areas like contingency planning (for most people these are the boring and most overlooked areas of trading - hint - that it's so exhaustively covered here should be telling you something). If you are someone who is just looking for quick fixes or holy grail systems this book will not give you what you want, it will however tell you what you need to hear.
The section on simulation was particularly useful for me being an area I personally needed to better understand and again the detail is extensive. I am also someone who likes to dip in to books for reference material afterwards and the way this book has been designed and written it is perfect for that as the author has been very careful to cross-reference relevant topics elsewhere in the book so each area is completely covered.
In all I found this to be an excellent addition to my trading library.
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This concise, to the point, and waffle-free reference lays out everything you need to do to build a successful trading business.It includes:How to maintain discipline and accurately run your trading business.How to allocate capital to your trading systems.How you should use simulation in your trading.How to create, develop, and test your trading systems.What good contingency planning looks like.What should be in your business plan.This book is a "must-read" for anyone serious about trading for a living.See pmkingtading.com for more details.
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